According to the IFC, the proposed investment consists of up to EUR50 mn senior unsecured loan to UniCredit Leasing Corporation IFN S.A. (UCLC). UCLC is part of UniCredit Group, a pan-European banking group with presence in Italy, Germany and Central and Eastern Europe. UCLC is the leader of the Romanian leasing market and an existing IFC client since 2017. The proceeds of IFC’s investment are to be earmarked (i) up to 50% to support on-lending to small and medium enterprises and corporates in Romania, and (ii) at least 50% to funding eligible sustainable energy finance projects that meet eligibility criteria established by IFC.
The Project has been categorized as FI-2 in accordance with IFC’s Sustainability Policy.
As stated by the IFC, UCLC is 99.96% held by UniCredit Bank SA, one of Romania’s systemic banks. UCB is controlled by UniCredit SpA Italy with 98.63%. UniCredit is a pan-European Commercial Bank with a unique service offering in Italy, Germany, Central and Eastern Europe. Group purpose is to empower communities to progress, delivering the best-in-class for all stakeholders, unlocking the potential of UniCredit’ clients and people across Europe.
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
|Private Actor 2 Sector
|UniCredit Bank SA - Romania
General IFC Inquiries - IFC Communications:
Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384
Financial Intermediary - Unicredit Leasing Corporation SA:
Silvia Atanasiu - Strategy, Data Governance and Cash Management
Phone: (+40) 730.888.836
Address: 1F Expozitiei Blvd, 8th floor, District 1, Bucharest 012101 Romania
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org